Trump’s budget proposal includes huge cuts to food stamps

The Washington Post reports that Trump’s budget slashes Medicaid by $800 billion over 10 years, meaning he’s on board with the House vision to reverse former President Obama’s expansion of the program to pay for health care. Follow CNBC International on Twitter and Facebook. The House has voted to cut the Medicaid funding, but Senate […]

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DekaBank Deutsche Girozentrale Sells 2960 Shares of Foot Locker, Inc. (FL)

Analysts expect that Foot Locker will post $5.29 EPS for the current year. The stock rose 3.24% or $1.9 reaching $60.61 per share. DekaBank Deutsche Girozentrale’s holdings in Foot Locker were worth $2,662,000 at the end of the most recent reporting period. Baird Financial Group Inc. now owns 5,475 shares of the textile maker’s stock […]

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Sessions’ Justice Department goes all-in on sentencing

“They deserve to be un-handcuffed and not micromanaged from Washington“, he said. Johnson and Harvey said federal prosecutors should be focused on large-scale drug trafficking organizations and cartels, and they said they see signs that the Justice Department under Sessions would aggressively pursue those cases. Attorney General Jeff Sessions is promising to renew the federal […]

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Former Fox News CEO Roger Ailes dead, network says

Ailes resigned from Fox News last July in the wake of a series of sexual harassment allegations. Long before Fox News, Ailes was a Republican operative who saw long before most what television could do for the party. Fox News executive chairman Rupert Murdoch issued a statement on the death of Roger Ailes, saying the […]

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WRAPUP 6-Trump tells Middle East to ‘drive out’ Islamist extremists

“In an opening speech before the summit in Riyadh yesterday, the Saudi King said the meeting between the leaders of Arab and Islamic countries and President of the United States of America Donald Trump reflects keenness on enhancing cooperation and coordinating stances in various fields”. Trump has shown a willingness to overlook foreign leaders’ human […]

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USA admiral: North Korea’s actions ‘recipe for disaster’

US President Donald Trump is looking forward to working closely with his South Korean counterpart Moon Jae-in and is willing to make peace with North Korea through engagement if the conditions are right, according to a top Seoul envoy. On Wednesday, Moon said he would never tolerate North Korea’s nuclear and missile provocations, and called […]

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Real Madrid in Champions League final despite defeat

Atletico were boosted on Sunday by the return of defender Jose Gimenez to training although they are still without right backs Juanfran and Sime Vrsaljko, who they missed badly in the first leg as they struggled to cause Real’s defence any problems. Zinedine Zidane insists he will have no divided loyalties after leading Real Madrid […]

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Switzerland’s Clariant, Huntsman of US in chemicals merger

Huntsman holders will get 1.22 shares in the new company, to be called HuntsmanClariant, for each share they own, with Clariant emerging with a 52 per cent stake, the two companies said in a statement yesterday. Peter Huntsman, the son of the company founder, will become chief executive of the combined group while Clariant CEO […]

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Man Detained on American Airlines Flight Just Wanted First Class Seat

“It took seconds”, Lee Lorenzen, a passenger on board the flight, told Hawaii News Now. Anil Uskanil has been arrested for suspicion of misdemeanor trespassing and likely faces additional charges after being detained by Federal Bureau of Investigation agents for causing a disturbance on an American Airlines flight from Los Angeles to Honolulu on Friday. […]

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